Yuhui Holdings Group (00884.HK) cancels 300 million existing warrants.

The Zhongtong Financial APP reports that Sunac China Holdings Group (00884.HK) announced that the purpose of the 2016 stock option plan is to motivate recipients to make contributions to and repay past contributions to the group in the future. In view of the current trading price of the shares, the Board of Directors believes that the existing stock options have failed to achieve the above objectives. The Board of Directors hereby announces that, with the approval of the Board of Directors and the consent of the recipients, all 300 million existing stock options have been cancelled in accordance with the terms of the 2016 stock option plan as of May 30, 2025.